The Belgium Financial Services and Markets Authority has published a supervisory notice stating that it asked Nyrstar NV to obtain advice from external counsel on how any dissolution or liquidation would affect the ongoing criminal investigation in Antwerp and the company’s ability to bring claims against third parties if warranted. The notice follows Nyrstar’s 8 June 2026 market update, which said the company had been formally placed under suspicion for forgery and use of false annual financial statements and for misuse of corporate assets. The FSMA said a dissolution or liquidation should not threaten the smooth running of the criminal case or undermine the company’s ability to defend its rights. It asked that the legal advice come from counsel who is not the company’s regular lawyer and does not act for its directors or shareholders, and that it address Nyrstar’s specific circumstances, including its history and current structure and organization. The company must also inform shareholders in detail on these two points ahead of the 2026 Annual General Meeting.
Belgium Financial Services and Markets Authority2026-06-09
Belgium Financial Services and Markets Authority requires Nyrstar to seek independent legal advice on liquidation risks during Antwerp criminal investigation
The Belgium Financial Services and Markets Authority has issued a supervisory notice requiring Nyrstar NV to obtain independent legal advice on how any dissolution or liquidation would affect the ongoing criminal investigation in Antwerp and its ability to bring claims against third parties. The authority specified that the advice must come from counsel unconnected to the company’s regular lawyers, directors or shareholders, and that Nyrstar must inform shareholders on these issues ahead of the 2026 Annual General Meeting.